Elevation Point Wealth Partners LLC Acquires New Position in iShares Core S&P U.S. Growth ETF $IUSG

Elevation Point Wealth Partners LLC bought a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 31,986 shares of the company’s stock, valued at approximately $4,961,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Imprint Wealth LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth $25,000. Realta Investment Advisors lifted its holdings in iShares Core S&P U.S. Growth ETF by 627.3% in the 4th quarter. Realta Investment Advisors now owns 160 shares of the company’s stock worth $27,000 after purchasing an additional 138 shares in the last quarter. Financial Life Planners purchased a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $34,000. Finally, Strive Financial Group LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $40,000.

iShares Core S&P U.S. Growth ETF Stock Performance

Shares of NASDAQ IUSG opened at $185.30 on Friday. The company has a market cap of $31.65 billion, a P/E ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 52-week low of $148.39 and a 52-week high of $193.85. The firm’s fifty day moving average is $185.32 and its two-hundred day moving average is $172.44.

iShares Core S&P U.S. Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.2356 per share. The ex-dividend date was Monday, June 15th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18.

iShares Core S&P U.S. Growth ETF Profile

The iShares Core S&P U.S. Growth ETF (IUSG) is an exchange-traded fund that is based on the S&P 900 Growth index. The fund tracks an index of US large- and mid-cap growth stocks. The index selects from stocks ranked 1-3000 by market cap based on fundamental growth factors. IUSG was launched on Jul 24, 2000 and is managed by BlackRock.